August 8, 2019 / 7:33 AM / 2 months ago

FTSE tracks global recovery; Hargreaves gains

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* FTSE 100 up 0.3%, FTSE 250 up 0.6%

* Markets attempt recovery after recent sell-off on trade worries

* Hargreaves up after FY results

Aug 8 (Reuters) - London’s main index recovered for the second session running on Thursday as global markets were boosted by a round of Chinese data that soothed some of the growth fears, which had afflicted trading in the past week.

Fund supermarket Hargreaves Lansdown, whose shares took a beating in June as nearly a quarter of its clients were exposed to Neil Woodford’s suspended fund, advanced nearly 4% after a forecast-beating rise in full-year assets.

The FTSE 100, which has fallen almost 5% since President Donald Trump said he would slap tariffs on more Chinese imports last week, climbed 0.3% by 0715 GMT. The more domestically-focused midcap index rose 0.6%.

Reporting by Muvija M and Shashwat Awasthi in Bengaluru; Editing by Anil D'Silva

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